Quorum Federal Credit Union in North Carolina vs the state
34.3%Denial rate+16.28 pts vs state
36.4%Decision denial rate+13.61 pts vs state
46.1%Origination rate-11.68 pts vs state
8.88%Median rate+2.38 pts vs state
1.66Rate spread (pts)+1.57 pts vs state
$158kMedian applicant income
137Loans originated
102Denied
Trend in North Carolina
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 155 | 72 | 40.0% | 11.38% | #228 |
| 2024 | 189 | 99 | 25.4% | 9.99% | #218 |
| 2025 | 297 | 137 | 34.3% | 8.88% | #197 |
What Quorum Federal Credit Union lends in North Carolina
By loan purpose
By loan type
Why it denied North Carolina applicants
Where in North Carolina
Counties with the most Quorum Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Mecklenburg County | 68 | 31 | 22 | 32.4% |
| Wake County | 37 | 21 | 8 | 21.6% |
| Union County | 23 | 13 | 6 | 26.1% |
| Cumberland County | 15 | 6 | 7 | 46.7% |
| Cabarrus County | 12 | 3 | 6 | 50.0% |
| Gaston County | 11 | 4 | 6 | 54.5% |
| New Hanover County | 11 | 3 | 4 | 36.4% |
| Chatham County | 11 | 5 | 2 | 18.2% |
| Brunswick County | 8 | 4 | 3 | 37.5% |
| Johnston County | 8 | 4 | 3 | 37.5% |
Other large lenders in North Carolina
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| State Employees' | C | 47,893 | 25.2% | 6.25% |
| Rocket Mortgage | C | 25,109 | 16.0% | 6.63% |
| United Shore Financial Services | B | 18,884 | 11.4% | 6.13% |
| Vanderbilt Mortgage and Finance | F | 15,008 | 38.0% | 7.75% |
| Truist Bank | C | 14,364 | 30.3% | 6.50% |
| Movement Mortgage | A | 11,091 | 2.6% | 6.63% |
| Navy Federal Credit Union | D | 10,565 | 19.4% | 7.13% |
| First-Citizens Bank & Trust | B | 10,319 | 19.6% | 6.38% |
| Bank of America | F | 10,276 | 28.2% | 6.24% |
| Mortgage Research Center | C | 10,029 | 17.7% | 6.25% |
Frequently asked questions
North Carolina: 297 applications in 2025, of which 137 were originated and 102 denied.
34.3% of all applications, or 36.4% of the applications it actually decided on. The North Carolina statewide average across all lenders was 18.1%.
The median rate on loans Quorum Federal Credit Union originated in North Carolina in 2025 was 8.88%, against a statewide median of 6.50%.
About this data. Figures are Quorum Federal Credit Union's own HMDA filing for properties located in North Carolina, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology